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    5940 Beach Blvd Jacksonville, FL 32207

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    For Lease
    Contact for pricing

    Jacksonville medical office space, high traffic.

    Lot size:
    54,297 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54,297 square-foot single-story building sits on a 5.81-acre lot at a high-traffic Jacksonville intersection (over 60,000 cars daily) on Beach Boulevard, a major thoroughfare. Originally constructed in 1979 as an Albertsons grocery store, it later served as Rowe's Food Store and, most recently, underwent a multi-million dollar renovation in 2011 to become a first-class higher education facility for Virginia College. The property boasts 297 parking spaces and is zoned CCG-1. With 35,000 square feet currently vacant, this Class A building presents a unique redevelopment opportunity. Its adaptable design lends itself to various uses, including but not limited to: a private university, charter school, private school, grocery store, medical office space, mini-warehouse, office call center, or other retail ventures. The substantial school-oriented improvements offer a significant advantage for potential buyers seeking a quick turnaround. This freestanding building offers substantial potential for investors seeking a prime location in a thriving Jacksonville market. The Duval County location and ample parking further enhance its appeal.

    Property Features for 5940 Beach Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,297 SF
    Class
    A

    Building Details

    Year Built
    1979
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    35,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacksonville University Healthcare ... University The Broach School of Jacksonville ... High School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Duval
    State
    Florida
    Longitude
    -81.6033537
    Latitude
    30.2915558

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    FAQs

    What type of property is this?
    Medical office - Jacksonville medical office space, high traffic.
    Where is this medical office located?
    The property is located at 5940 Beach Blvd Jacksonville, FL.
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    5940 Beach Blvd Jacksonville, FL 32207
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    Jacksonville, FL 32207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5940 Beach Blvd Jacksonville, FL 32207
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